China

China

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E-CNY Use Widens in Chinese Schools; Terra Faces Audit

Hydropower plant in China’s Hubei province fined for powering crypto mining. China expands use of digital yuan on school campuses. South Korean regulator to audit Terra and related financial businesses. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finanza

Babel Finanza, prestatore Cripto , ottiene lo status di unicorno con una serie B da 80 milioni di dollari

Il round di finanziamento fissa la valutazione dell'azienda a 2 miliardi di dollari.

(Sharon McCutcheon/Unsplash)

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The State of Crypto Mining in China, Europe and Texas

Quantum Economics Bitcoin Analyst Jason Deane discusses the state of cryptocurrency mining in China following Cambridge University’s report about the industry going underground within the country. Plus, a conversation on crypto regulation in the European Union and why Deane believes Texas is becoming the “mining capital of the world.”

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Do Kwon’s Taxing Questions; China’s Underground Mining

Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Layer 2

La Cina T riesce a fermare il mining Bitcoin

L'anno scorso in Cina l'hashrate segnalato è sceso a zero per due mesi, ma da allora è tornato piuttosto bruscamente ai livelli precedenti.

Bloomberg/Contributor/Getty

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China’s Mining Re-Emergence; Terra Community Wants Answers

Study shows China accounts for 21% of Bitcoin mining hashrate despite ban. Indian financial watchdog warns against celebrity crypto endorsement. Do Kwon’s lack of answers frustrates Terra’s UST and LUNA investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Bitcoin Mining Appears to Have Survived Ban in China

China, once the world’s second largest crypto miner, has re-emerged as a major bitcoin mining hub despite last year’s ban. According to the Cambridge Centre for Alternative Finance (CCAF), miners have engaged in underground activity in the country.

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Finanza

Il mining Bitcoin sembra essere sopravvissuto al divieto in Cina

Da settembre 2021 a gennaio di quest'anno, il contributo della Cina alla rete di mining Bitcoin è stato secondo solo a quello degli Stati Uniti

Cryptocurrency mining machines

Video

Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky

Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affect China’s digital yuan rollout. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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